Alan Simpson News
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Theorists of American decline are preoccupied with the surging growth of emerging rivals, especially China. That’s an important issue, I don’t doubt. But there’s a much bigger threat to U.S. power: the increasingly abject failure of the country’s own political class.
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Rick Santorum’s opening act as a freshman senator in 1995 was an attempt to strip the title from the Republican chairman of the appropriations committee, which determines government spending.
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An economic catastrophe like the debt crisis in Europe or a Middle East conflict may be the only way to get congressional action this year on a broad reduction of the U.S. deficit, Senate Budget Committee Chairman Kent Conrad said.
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Republican presidential candidate Mitt Romney is preparing to release a more detailed plan to overhaul the tax code soon, said a person who attended a policy roundtable event with Romney in Washington yesterday.
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President Barack Obama “walked away” from his bipartisan U.S. deficit-cutting commission’s plan “because he knew he’d be torn to bits,” said former Republican Senator Alan Simpson, who was co-chairman of the panel.
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Former Republican Senator Alan Simpson of Wyoming, who was co-chairman of Barack Obama’s bipartisan deficit-reduction commission, said in an interview on Bloomberg Television’s “Political Capital with Al Hunt,” airing this weekend, that the president “walked away” from the issue in his annual State of the Union speech to Congress “because he knew he’d be torn to bits.”
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Criticism of Mitt Romney by Republican rivals over his private-equity record at Bain Capital LLC is fair and will haunt him in November, said John Podesta, a former Democratic White House chief of staff.
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Two of the Senate’s top advocates of a long-term deficit-cutting plan said lawmakers must continue to press for legislation that can pass this year, even as they disagreed on whether an election-year deal is possible.
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The presidential campaign of Jon M. Huntsman Jr. has always had the feel of a trial run for 2016. He didn’t bother to compete in Iowa, and his organization in the two upcoming primary states, South Carolina on Jan. 21 and Florida on Jan. 31, is threadbare. He fought hard in New Hampshire, though, and eked out only a respectable third-place behind Mitt Romney and Ron Paul, failing to win the breakthrough he sought from yesterday’s primary.
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The higher Newt Gingrich’s presidential candidacy rises, the more vocal and numerous his Republican critics become.
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